If all firms in a market have identical cost structures and if inputs used in the production of the good in that market are readily available, then the long-run market supply curve for that good should be ? | MCQ Hive

Economics Mcqs

Q If all firms in a market have identical cost structures and if inputs used in the production of the good in that market are readily available, then the long-run market supply curve for that good should be ?

A A. Downward sloping
B B. Perfectly inelastic
C C. Upward sloping
D D. Perfectly elastic

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